Development
JV Breaks Ground on SF Student Housing Project
In addition to the new student community—a public-private partnership of SF State and the developers—the university will open a four-story academic building totaling 76,000 square feet.
Housing Stock Lags Demand
Freddie Mac has released a report revealing that the short supply of new single-family homes could impact the multifamily market in years to come.
JV Breaks Ground on NY Student Housing Community
Upon completion in May 2020, the 64,000-square-foot property will offer 80 units serving students attending Columbia University. The development is located adjacent to the university.
Cutting Costs, Overcoming Construction Challenges in NYC
Broadway Construction Group’s Joseph Aiello shares his insights on the role value engineering plays in the development challenges.
Presidium Launches Major Mixed-Use District in Austin
The garden-style community is the first of Pecan District’s 10 phases. The 45-acre development is anticipated to be fully complete in 2028.
Peak Campus to Manage 652-Bed AK Student Housing
The Avenue is set to be completed in 2019 and will include various smart tech features such as Amazon Hub package lockers.
Nashville-Area Community Opens Doors
The 328-unit Mosby Cool Springs has opened in Franklin, Tenn. Developer Middleburg Real Estate Partners secured $40 million in financing last year.
Allen Morris, Ustler Development Secure $66M for Orlando Project
SunTrust and Santander Bank provided the financing for Creative Village Parcel M Apartments, a 409-unit community that will cater to students attending the new University of Central Florida Downtown.
OC Senior Living Facility to Undergo $30M Renovation
R.D. Olson Construction has begun work on the Atria Senior Living property in Newport Beach, Calif. Plans call for a new South wing and a fully renovated North building.
What Stands Out in Chicago’s Luxury Multifamily Market?
As the city’s high-end housing stock becomes increasingly diversified, developers are more committed to serving residents’ needs. Optima President Tara Hovey shares the story behind one of the company’s successful projects.